6 TIPS BEFORE RENEWING YOUR OFFICE LEASE

First and foremost, hire a Tenant Rep Broker (focuses solely on the needs of a tenant)

1. KNOWLEDGE – A good tenant rep will know the market conditions, your current building’s terms for new leases and renewals as well as terms offered to other tenants.
2. LEVERAGE – Your tenant rep is your advocate and signals that you may consider relocation so landlord will offer more competitive terms not to lose you….and ultimately you receive the best deal terms.
3. START EARLY – Time is your friend, need time to research the market and show the landlord you’re doing your due diligence.
4. EVALUATION – Don’t accept the landlord’s first proposal, this signals you’re taking the time to evaluate the market and other lease options.
5. AIM HIGH – your landlord doesn’t want to lose your business and landlord knows you “mean business” when negotiating terms.
6. CONCESSIONS – Ask for more such as tenant improvements, more parking spaces, free A/C hours, etc.

Nina Steiner

I’ve always been someone who reads the room.

It started in live television, where timing was everything and silence usually meant something was on fire. With years of experience behind the scenes in TV production, I learned how to stay calm, think creatively, and resolve issues before they become problems.

Now, 𝗮𝘀 𝗮 𝘁𝗲𝗻𝗮𝗻𝘁 𝗿𝗲𝗽 𝗯𝗿𝗼𝗸𝗲𝗿 𝗮𝘁 𝗦𝗮𝘅𝘂𝗺 𝗪𝗲𝘀𝘁, I bring that same mindset to commercial real estate.

It’s not about pushing space, it’s about understanding people. When someone tells me they need an office, what they mean is:
“𝙒𝙚 𝙣𝙚𝙚𝙙 𝙖 𝙝𝙤𝙢𝙚 𝙗𝙖𝙨𝙚 𝙛𝙤𝙧 𝙞𝙙𝙚𝙖𝙨, 𝙙𝙚𝙖𝙙𝙡𝙞𝙣𝙚𝙨, 𝙘𝙡𝙞𝙚𝙣𝙩𝙨, 𝙖𝙣𝙙 𝙘𝙤𝙛𝙛𝙚𝙚 𝙗𝙧𝙚𝙖𝙠𝙨. 𝘼𝙣𝙙 𝙬𝙚 𝙣𝙚𝙚𝙙 𝙞𝙩 𝙨𝙤𝙤𝙣.”

𝗧𝗵𝗮𝘁’𝘀 𝘄𝗵𝗲𝗿𝗲 𝗜 𝗰𝗼𝗺𝗲 𝗶𝗻.

I don’t just lease office space. I help you get the right space at the right price!

Nina Steiner – TenantRepLA
Text: 310-487-2982
Email: nsteiner@saxumwest.com
Website: TenantRepLA.com